Digital TV News: Stephen Baker

US consumer technology sales revenue ends 2021 up 9%
Jan 6, 2022 – According to NPD, 2021 was a record year for the U.S. consumer tech industry with sales reaching nearly $127 billion dollars, up 9% on 2020's tremendous result. Revenues are expected to decline 5% in 2022, 4% in 2023, and 1% in 2024.
News categories: NPD Group, Stephen Baker, Ben Arnold, Digital TV, Market Research, USA

Historic U.S. consumer technology sales in 2020
Jan 8, 2021 – 2020 was a year of historic growth for the U.S. consumer technology industry with sales up 17% (through Dec. 26, 2020) and according to NPD this momentum will continue into the first quarter of 2021.
News categories: NPD Group, Stephen Baker, COVID-19, Digital TV, Market Research, USA

TV installed base in the U.S. getting bigger and newer
Dec 23, 2020 – According to NPD, over the last several years American TV screens have been inching up in size. Installed TVs in the U.S. are now larger (15% are 60" or over) and newer (the average age is 4.9 years) than ever before.
News categories: NPD Group, John Buffone, Stephen Baker, COVID-19, Digital TV, Market Research, Smart TV, USA

NPD expects continued growth for U.S. consumer technology through 2022
Feb 3, 2020 – According to The NPD Group, 2019 marked the third consecutive year of growth for the U.S. consumer tech industry with sales up 3% over the previous year. NPD’s forecast is for 5% revenue growth in the U.S. this year, followed by 4% in 2021, and 3% in 2022.
News categories: NPD Group, Stephen Baker, Digital TV, Market Research, Smart TV, USA

U.S. annual consumer technology growth to stay in low single digits
Mar 26, 2019 – The NPD Group has shared insights from its latest Future of Tech report, a three-year technology industry forecast, which predicts low single-digit sales growth in the U.S. consumer technology market through 2021.
News categories: NPD Group, Stephen Baker, Digital TV, Market Research, Smart TV, USA

Desire for bigger screens driving U.S. replacement TV buying
Dec 20, 2018 – According to NPD, 40% of U.S. consumers who replaced a TV over the last two years were most motivated by a desire to purchase a bigger screen. In fact, 40% of replacement TVs purchased had a screen size of 50+ inches.
News categories: NPD Group, Stephen Baker, Digital TV, Market Research, Smart TV, USA

U.S. voice-activated speaker sales to grow 50% by 2019
Aug 14, 2018 – According to The NPD Group, sales of voice-activated speakers will add an incremental $1.6 billion dollars to the U.S. technology industry through 2019, as these devices are leveraged both as an interface to smart home services and as digital assistants.
News categories: NPD Group, Stephen Baker, Big Data, Market Research, Smart Home, USA

Screen size and picture quality drive replacement TV purchases in U.S.
Jun 18, 2018 – According to NPD, increasing the size and picture quality are the top driving forces for U.S. consumers looking to update their televisions. Of the consumers who purchased a 4K/UHD replacement TV, 45% reported buying because they wanted a larger screen, 39% for better picture quality.
News categories: The NPD Group, Stephen Baker, Digital TV, Market Research, Smart TV, USA

4K/Ultra HD leads TV growth in the U.S.
Nov 6, 2014 – The 4K/UHD format is the driver of growth within the flat panel television category, with U.S. sales reaching $668 million so far this year, now accounting for more than 7 percent of overall revenue according to The NPD Group.
News categories: NPD Group, Stephen Baker, Digital TV, Market Research, Smart TV, USA